What HUD offices serve Ocoee, Florida?
Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.
Go to the Florida Public Housing and Low-Income Apartments Waiting Lists page for openings near Ocoee.
How many renters live in Ocoee, Florida?
The City of Ocoee has 47,290 people living in 14,125 households.
There are 12,773 renters living in 3,888 renter households in this City. Renters make up 27.01 percent of the population living in Ocoee.
What is the rental market like in Ocoee, Florida?
There are an estimated 14,974 housing units in the Ocoee area. Of these, 4,444 units are rental homes, making up 30 percent of the housing market. For every renter household in Ocoee, Florida, there are 1 rental units.
What is the vacancy rate for rentals in Ocoee?
The rental vacancy rate in Ocoee is 9 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.
How many rental units are in Ocoee for each bedroom size?
Occupied Rental Units by Size in Ocoee
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 190 | 540 | 1,034 | 1,365 | 693 |
Occupied Rental Units by Size in Ocoee
A large number of apartments in Ocoee have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How many renter households in Ocoee are overburdened by housing costs?
Among renter households in this market, 51 percent have housing cost burden. Further, 22 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.
The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.
How Much Is Rent in Ocoee
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,558 to $2,849. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,558 |
| One BR | $1,638 |
| Two BR | $1,857 |
| Three BR | $2,362 |
| Four BR | $2,849 |
2024 Fair Market Rents in Ocoee, Florida
How many units are rented at Fair Market Rent (FMR) in Ocoee?
Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.
These are the approximate number of units renting below the FMR in this market:
| Unit Size | Count of Units Below FMR | Percentage of Total Units Below FMR |
| Studio | 32 | 17 percent |
| One BR | 291 | 54 percent |
| Two BR | 141 | 14 percent |
Rental Units Below FMR in Ocoee, Florida
How many affordable rental units are in Ocoee?
There are a variety of federal affordable housing programs serving households in Ocoee, Florida including the following:
| Federal Program | Unit Count |
| USDA Section 515 Rural Rental Housing | 70 |
Tracked Units by Federal Program in Ocoee, Florida
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Ocoee, Florida
Ocoee features 70 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.
Low Rent Apartments in Ocoee, Florida
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Ocoee.
Housing Choice Vouchers in Ocoee, Florida
On average, Section 8 Housing Choice vouchers pay Ocoee landlords $900 per month towards rent. The average voucher holder contributes $500 towards rent in Ocoee.
The maximum amount a voucher would pay on behalf of a low-income tenant in Ocoee, Florida for a two-bedroom apartment is between $1,671 and $2,043.
Sourced from federal housing data and AffordableHousingOnline.com research.
